Ground rents for residential properties on long leases in England and Wales will soon be abolished, with further reform to follow. This first step in the government’s plan to reform... read more →
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Research by the Institute for Fiscal Studies provides a stark warning of how important inheritances are going to be for younger generations in terms of both lifetime income and wealth.... read more →
The average deposit paid by first-time homebuyers jumped by £10,000 in 2020. When the pandemic took hold in the first half of last year, it looked as if the housing... read more →
SMH Residential Mortgages is delighted to announce Luke Catt as their new Mortgage Adviser following successful completion of the Certificate in Mortgage Advice and Practice (CeMAP). Luke, who has worked... read more →
The Chancellor’s Summer Statement introduced temporary changes in stamp duty land tax on homes, which prompted similar – but not identical – changes in Scotland and Wales. In his Statement... read more →
The Chancellor has announced some very positive news in regards to stamp duty, where by any new house purchase up to £500,000 will be exempt from paying any stamp duty... read more →
The COVID-19 pandemic stalled property transactions and first-time buyer mortgage applications, but now the residential property market has opened up estate agents are scrambling to deal with pent up demand.... read more →
At present, we are all being advised to stay home whilst the UK fights the coronavirus epidemic. For many people this means more downtime, and whilst this may not be... read more →
Over the past few weeks, the mortgage sector followed the rest of the UK’s businesses and went into lockdown. As restrictions have started to ease off, we’re pleased to inform... read more →
Like many other sectors, the mortgage industry has experienced some upheaval as a result of Covid-19. Here’s an update from our Residential Mortgages team explaining the current situation in more... read more →
